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corruption. On the one hand, if we assume that the goal of criminals involved in corruption is to minimize the probability of … being detected, then corruption represents a demand for money laundering (trigger effect), while money laundering can serve … as an effective way to clean the revenue from corruption for re-investment (multiplier effect). On the other hand …
Persistent link: https://www.econbiz.de/10012026444
corruption and the concealment of officials' bribes, tax havens discourage the provision of public goods and hence have also a … ; multinational firms ; corruption …
Persistent link: https://www.econbiz.de/10009355141
How to fight petty day-to-day corruption is a question often debated by politicians, by the public and in the economic … literature. Early studies have noted that a simple and well-known way to fight day-to-day corruption is to create competition … in a way that eliminates corruption. This is due to a tradeoff between corruption and compliance costs. More …
Persistent link: https://www.econbiz.de/10011411843
enforcement against corruption and organized crime in local governments. Specifically, I take advantage of an Italian law that …
Persistent link: https://www.econbiz.de/10011415917
corruption, the features of electoral cycles. The paper discusses both theory and evidence, and concludes with some speculations …
Persistent link: https://www.econbiz.de/10009781540
This paper introduces harassment in a model of bribery and corruption. We characterize the harassment equilibrium and …
Persistent link: https://www.econbiz.de/10009781684
We study the role of tax share and transparency of governance on growth and stagnation. A local government maximizes its private benefits using two activities. The first one consists of providing local public goods that help local firms to increase profits, thus enlarging tax revenue. The second...
Persistent link: https://www.econbiz.de/10011450277
We extend the model of insecure property rights by Tornell and Velasco (1992) and Tornell and Lane (1999) by adding three features: (i) extracting the common property asset involves a private appropriation cost, (ii) agents derive utility from wealth as well as from consumption, and (iii) agents...
Persistent link: https://www.econbiz.de/10011450350
In transition and developing countries, we observe rather high levels of corruption even if they have democratic … high corruption levels. Our model is based on the fact that corrupt offcials have to pay an entry fee to get lucrative … positions. In a probabilistic voting model, we show that a lack of financial institutions can lead to more corruption as more …
Persistent link: https://www.econbiz.de/10011451286
This study shows that the relative size of the youth bulge matters for how corruption affects the internal stability of … a political system. We argue that corruption cannot buy political stability (e.g., the greasing hypothesis) in countries … find a negative interaction effect between the relative size of the youth population and corruption on internal political …
Persistent link: https://www.econbiz.de/10011474632